The Memphis appeal. [volume] (Memphis, Tenn.) 1886-1890, 1887-03-13
TWO GOOD CITIZENS
WHO, BY INTEGRITY AND FAIR
DEALING, HAVE WON THEIR
Way TO tho COsfidence OF the People
and 10 Well Deserved
Success.

Adam, March 18th: About one year
ago Mr.. John Lilly, one OF the repre-
sentative Irish Catholics OF Memphis,
wound up business in which he WIS
engaged for over score OF years in
Memphis. The business was that OF
Wholesale liqnor merchant. He did
not come out of the businefs with a
big fortune accumu lated, but he pre-
served a character not generally found
among liquor men. He was no te-
totaler, but continued model temper
ancs man. During his long years of
business and amid the catastrophes
which visited Memphis, John Lilly's
creditors never lost dollar. This fact
is worthy Of agreeable mention. There
ia also another case Of Itish Catholic
integrity which we are pleased to
note. During the eight or ten years
the lease Of Emma Bank" ss famil-
iarly known to the public, had
occupied much of the attention
of the Chancery Court OF Shell.
by county, aud OF the Supreme
Court Cf the State of Tennessee. If
we are to believe our daily contem-
poraries-and we have no knowledge
OF any fact that would contradict their
statements-the great case was finally
adjudicated on Saturday last, when
the real estate in dispute was pur-
chased blythe Hon. John Losgue, or.
at public cutlery, for the sum t19, 265.
The Emmet Bank closed its doors in
1879. 1t was owned by the late
Thomas Fisher and Mr.. League, end
was largely patronizsd by our Irish
and Catholic people, with whom
Messis Fisher and League were iden.
fed. They proved to be shrewd and
honest business men, and the
dreadful visitation Of 1878 was
the immediate occasion of sus-
pension Of the bank. Its
dealings and accounts have been ex.
hibited in thesvarious bills before the
Memphis Chancery Court, and before
the Sugreme Court of Tennessee, and
printed in pamphlet form as the briei
OF the Hon. VIM. M. Randolph, attor
ney for Mr.. League, and one of the
most reliable and respected members
of the bar Of Memphis. These exhib
its show the cause OF the action be
tween Messrs. Losgue and Fisher
They disputed between themselves
but to their honor and credit, as we
as to the honor and credit of the inter
est represented, the bank, which helt
out during the crash Of 1873, paid q.
it's creditors in full, and wound up it,
business in manner which is a EranC
testimonial TO the integrity Of Johr
League and Thomas Fisher. The fac
Is q remarkable one and worthy O
note. A catastrophe which deci
mated our fair city and para
lived its business and industries
brought about the suspension OF thii
Emmett Bank, which was organic e
by Irish Catholics, which hourisheC
chiefly by their patronage, and which
gained the respect and confidence o
the banking and CONNER cial In fuenc'
in general yet there was no cause o.
complaint arising from the creditor
or depositon. The business was hon
oYably aud promptly wound up, ever
creditor and depositor paid in full
while matters in dispute between th'
officials were thrown into court To-
adjudication. This adjudication
was about private business matters
and does not much concern the pub
lie, before which the memory OF thu
Emmett Bank of Memphis will Away
be associated with honesty, honor, in
tegrity and good business quailhcs
tione.